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04/05/2017 Live Update

Re: 04/05/2017 Live Update

Postby Trades with cats » Wed Apr 05, 2017 3:19 pm

ES 06-17 (5 Min)  4_5_2017c.jpg
Twitter rumor that there will be at least a 4 million closing imbalance (negative) so it is actually looking like the gap could fill. At ADR low and riding the 3 standard deviation below VWAP line.
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Re: 04/05/2017 Live Update

Postby Cobra » Wed Apr 05, 2017 3:22 pm

double top text book target met. this bear may still have legs.
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Re: 04/05/2017 Live Update

Postby Al_Dente » Wed Apr 05, 2017 3:25 pm

Frontrunner: TICK, green, should have made a high right there because SPY did.
TICK didn’t. That’s important divergence.
Bottom panel is 20 days, percentages

45fifteen.png.png
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Re: 04/05/2017 Live Update

Postby Al_Dente » Wed Apr 05, 2017 3:33 pm

Even with the lag that “cumulative” provides, the TICK is pretty pure
TICKS are either up or down (unchangeds are not counted)
Alternative: you can delete the generous moving-averages used as “smoothers”, and just focus on HH/HL and LH/LL ticks
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Re: 04/05/2017 Live Update

Postby Daniel » Wed Apr 05, 2017 3:37 pm

Al_Dente wrote:Even with the lag that “cumulative” provides, the TICK is pretty pure
TICKS are either up or down (unchangeds are not counted)
Alternative: you can delete the generous moving-averages used as “smoothers”, and just focus on HH/HL and LH/LL ticks

I like both, AD.

Cumulative, with smoothing, gives a clear sense of trend. But the raw data is also valuable in terms of showing peaks of enthusiasm or concern.
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Re: 04/05/2017 Live Update

Postby Cobra » Wed Apr 05, 2017 3:50 pm


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Re: 04/05/2017 Live Update

Postby Cobra » Wed Apr 05, 2017 3:53 pm

well, guess that's it for today. Thursday tomorrow has been generally bear mixed recently. thank you guys, I'll see you tomorrow.

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Re: 04/05/2017 Live Update

Postby Daniel » Wed Apr 05, 2017 4:02 pm

MOC must have been fairly neg, market is closing near the lod as the closing SELLs are coming in...
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